Here's a worthy resolution: Work on doing more to attract younger clients.
Fee pressures, lower rates blamed for the two-year decline.
Regulator says more than 2,300 current, former clients affected; firm pays $1.1M in restitution, fine.
There are 2.18 million investors under 50 with $500,000 in their pockets.
If your clients think you are a five-star adviser, they should write a review, a la Yelp. But what's the value of a new website that allows clients to review their advisers?
Premarital agreements on the rise, and they're no longer just for the wealthy.
Four companies working to unify products to better meet adviser needs; system due out later this year
Niche is attracting more advisers looking to add to their service offerings.
Only 25% of financial advisers have formally defined who their ideal client is, a Financial Planning Association study found. Of those who have defined their ideal client, only 38% say a majority of their clients actually fit that profile.
Advisers need to find ways to show empathy for more than just widows and widowers, but divorcees and parents.
